US Dollar collapse in 2015? (2)

[Febo]

Nope,

USD is getting more powerful with everyday.

That's what i think as well. In 2009 when bitcoin was born, it was something on the horizon. But now it doesn't seem it's going anywhere but up.

I agree USD is bursting of life. But how long will that last? Next economic crisis that will start in few years will tell us that.

[1714247656]

1714247656

[1714247656]

1714247656

[1714247656]

1714247656

[1714247656]

1714247656

[1714247656]

1714247656

[1714247656]

1714247656

[techgeek]

Nope,

USD is getting more powerful with everyday.

That's what i think as well. In 2009 when bitcoin was born, it was something on the horizon. But now it doesn't seem it's going anywhere but up.

I agree USD is bursting of life. But how long will that last? Next economic crisis that will start in few years will tell us that.

2008 was the huge econmic collapse, it takes like 6 years to recover and probably longer.

But, they seem to do these collapse when they feel the banks arent making enough. theres a bunch of articles, on zerohedge.

[Rw13enlib88]

Greek Banks On Verge Of Total Collapse: Bank Run Surges "Massively" As Depositors Yank €700 Million Today Alone

While the Greek government believes it may have won the battle, if not the war with Europe, the reality is that every additional day in which Athens does not have a funding backstop, be it the ECB (or the BRIC bank), is a day which brings the local banking system to total collapse.

As a reminder, Greek banks already depends on the ECB for some €80.7 billion in Emergency Liquidity Assistance which was about 60% of total deposits in the Greek financial system as of April 30. In other words, they are woefully insolvent and only the day to day generosity of the ECB prevents a roughly 40% forced "bail in" deposit haircut a la Cyprus.

http://www.zerohedge.com/news/2015-06-05/greek-banks-verge-total-collapse-bank-run-surges-massively-depositors-yank-%E2%82%AC700-mill

[deisik]

Greek Banks On Verge Of Total Collapse: Bank Run Surges "Massively" As Depositors Yank €700 Million Today Alone

While the Greek government believes it may have won the battle, if not the war with Europe, the reality is that every additional day in which Athens does not have a funding backstop, be it the ECB (or the BRIC bank), is a day which brings the local banking system to total collapse.

As a reminder, Greek banks already depends on the ECB for some €80.7 billion in Emergency Liquidity Assistance which was about 60% of total deposits in the Greek financial system as of April 30. In other words, they are woefully insolvent and only the day to day generosity of the ECB prevents a roughly 40% forced "bail in" deposit haircut a la Cyprus.

But the question is whether we should expect a surge in the number of new users of Bitcoin? Last time the Cyprus deposit expropriation coincided or correlated (yeah, I know) with the Bitcoin price skyrocketing to 1,000$ and above...

[OROBTC]

...

My guess (FWIW, very little) is that the US$ will do just fine for the short to medium term.  Up vs. the Euro and the Yen.

My next guess is that something big & bad will happen in Europe, quite possibly a Grexit, that not only pushes the Euro down but will likely create another financial crisis, at least as bad as 2007 - 2009.

If this causes France to fall hard, then Germany will soon thereafter.  Then the tsunami arrives to US shores, maybe as quickly as 48 hours.  We have comparable levels of debt, and our banks are closely tied to Europe's banks.

That is when everyone will appreciate having at least some gold and/or silver.

Watch the financial markets and news closely.

[ThEmporium]

it's not going to collapse in the comming 50 years as it will affact the entire world when something happens with the us dollar. they will do everything to support it.

It will not affect the entire world, it will affect only U.S and it's staunch allies who relies on USD, there will be no effect on Euros. it is fact that entire gulf countries will go collapse except KSA (If they do not involve in wars). Here the main beneficiary will be Russia, if at all strong failure of USD. However it need more calculation and deep natural catastrophic should take place is U.S for sudden drastic US Dollar collapse. May God Forbid   

[GreenStox]

Well look, everything depends on the IMF and how they handle the thing, i think the ECB and the FED has done enough to keep the avalanche out, but really the leverage is not getting too big, only the IMF can now absorb the debts....

If the collapse happens this year, then you will see clues, by the increasing printing of SDR's

[Bitdonator]

no collapse for USD, but the world will shift slowly to other kind of money.

[azguard]

no collapse for USD, but the world will shift slowly to other kind of money.

yes we seen this happening already slowly. Btc someone calls internet money, someone new currency for the world, personally both are fine. Hope to see in more adopting in future.

[muhrohmat]

well the dollar its not to collapse but to porgrssivly go lower or higher.the termination of a currency it requires even more terrorism into the usa economy that now exists soo the people that are consern about usa sure cars about terrorism in economy and will make it porsper more the dollar and even grow of cours im using euro and wish a bit more power to euro but not gonna happen the power of dollar will rise even more doing to elections and the presidency that comes its not i hope collapitical obama was not even bush was more

[mrhelpful]

the monetary system has been around for a super long time.

We always have some type of financial boom, but seem to increase on getting aid from foreign nations, so its not going to be anything new then goes back to the same problem with more fiat money lol.

Its not anytime soon, so dont hold your breathe.

[techgeek]

no collapse for USD, but the world will shift slowly to other kind of money.

other kind of money, like gold? 

i feel like bitcoin can delete western union though if its purpose was only for money transmitting.

[BIT-Sharon]

Maybe we should pay more attention to RMB Yuan, for I think its future is bright. However, US Dollars won't collasp at all.

[funkenstein]

Scenario 4

[azguard]

Maybe we should pay more attention to RMB Yuan, for I think its future is bright. However, US Dollars won't collasp at all.

you can pay attention on any money was it GBP or EURO or AUD or CAD or something else if you think you can make something with that ok but it same here with crypto you invest in some alt and if it pops up you good.

[BillyBobZorton]

Well look, everything depends on the IMF and how they handle the thing, i think the ECB and the FED has done enough to keep the avalanche out, but really the leverage is not getting too big, only the IMF can now absorb the debts....

If the collapse happens this year, then you will see clues, by the increasing printing of SDR's

The banks are in good shape now because they've received trillions in QE and they know that their bad decisions will always be rewarded by our political elites.

[Rw13enlib88]

Scenario 4

lol
to the moon!

[GreenStox]

no collapse for USD, but the world will shift slowly to other kind of money.

yes we seen this happening already slowly. Btc someone calls internet money, someone new currency for the world, personally both are fine. Hope to see in more adopting in future.

You will but you need heavy promotion, 90% of the population still dont have a vague clue about what bitcoin is.

If i ask a man on the street he will shrug his shoulders.

The other 9% are just hardcore skeptics.

[azguard]

no collapse for USD, but the world will shift slowly to other kind of money.

yes we seen this happening already slowly. Btc someone calls internet money, someone new currency for the world, personally both are fine. Hope to see in more adopting in future.

You will but you need heavy promotion, 90% of the population still dont have a vague clue about what bitcoin is.

If i ask a man on the street he will shrug his shoulders.

The other 9% are just hardcore skeptics.

you right on most of the point but in my country almost all neighbor know about bitcoin they hear about and some read also there are some that try to make it without mining.

[bitnanigans]

USD is pretty much relevant everywhere in the world. I doubt it's going to collapse any time soon.